Business News

Foreign exchange rates

KARACHI, (APP): The Exchange Rates Committee of
Financial Markets Association of Pakistan issued the following
exchange rates bulletin, here on Friday.

LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS
VIDE SBP F.E. CIRCULAR NO.42 & 21.07.98 & 04.08.98 RESPECTIVELY.

LIBOR VALUE
6 MONTHS US DOLLAR 0.9429 17.06.2016

CONVERSION RATES FOR 17TH JUNE 2016 FOR FOREIGN CURRENCY
FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE-25 DEPOSITS)

SBP SETTLEMENT VALUE DATE JUNE 21,2016.

USD 104.6630
GBP 148.2028
EUR 117.8087
JPY 1.0035